National Stock Exchange: NSE broke all records, 20 crore people created accounts, know which state is on top…

National Stock Exchange: In the last two-three years, there has been a lot of growth in the Indian stock market. Although there were many ups and downs during this period, the number of customers continued to increase. At the same time, the National Stock Exchange has created history.

NSE's total number of clients crossed 20 crore (200 million), an impressive growth in eight months. Eight months ago, there were 16.9 crore accounts on NSE, which means there has been a strong increase in the number of new accounts in October.

National Stock Exchange: Maharashtra ranks first in terms of number of customers

NSE said in a release that on state-wise basis, Maharashtra ranks first with the highest number of 3.6 crore accounts. After this, Uttar Pradesh is at second place with 2.2 crore accounts, Gujarat is at third place with 1.8 crore accounts and Rajasthan and West Bengal both are at third place with 1.2 crore accounts.

Collectively, these states account for nearly 50 percent of total customer accounts, while the top ten states represent nearly three-quarters of the total.

Digital played a role in increasing customer base

We have achieved another remarkable milestone in our investor base, with the exchange seeing a growth of nearly three crore total accounts in just eight months from a count of around 17 crore in February, said Sriram Krishnan, Chief Business Development Officer, NSE.

This extraordinary growth reflects investors' strong confidence in India's growth story driven by digital transformation and technological innovation.

National Stock Exchange: Customer growth credited to mobile trading

The growth in clients can also be attributed to the widespread adoption of mobile trading and growing awareness of investors supported by the digital initiatives of the government. These factors have effectively democratized market access.

Especially investors in Tier 2, 3 and 4 cities have benefited. Now through digital, even investors from small towns can invest easily by knowing the mathematics of the stock market.

NSE was the first exchange in India to implement electronic, screen-based trading. It began operations in 1994 and is considered the largest stock exchange in India in terms of total and average daily turnover of equity shares every year since 1995, according to SEBI data.